Mobile phones and spare parts continued leading the group of seven top hard currency earners that recorded over US$1 billion in export turnover in the first two months of 2020.
Vietnam earned more than US$3.7 billion from exports to Thailand as of August 2018, up 21% year on year, higher than the country’s average of 16.7%, according to the General Statistics Office.
A grand meeting was held by the Ho Chi Minh City Union of Friendship Organisations (HUFO) and the municipal chapter of the Vietnam-Slovakia Friendship Association (VSFA HCM City) on September 9 to mark the 26th anniversary of Slovak Constitution Day (September 1).
Vietnam imported 1,287 automobiles of different kinds worth US$31.3 million from August 3-9, 81% of them were from Thailand and Indonesia, according to the General Department of Customs.
Vietnam posted a trade deficit of nearly US$2.7 billion this year to the end of May, equal to 1.7 percent of the country’s total export turnover.
Every day thousands of old cars, trucks, and special purpose vehicles are taken to Te Lo village in Yen Lac district, northern Vinh Phuc province.
VOV.VN - Vietnam’s exports to Myanmar dipped 11.1% to US$275.2 million during the first ten months of this year, according to the General Department of Vietnam Customs.
VOV.VN -The central coastal province of Khanh Hoa shipped abroad over US$607 million worth of goods and imported US$326 million in the first half of this year, resulting in a trade surplus of more than US$280 million.
Vietnam raked in US$6.37 billion from exporting computers, electronics and spare parts in the first five months of this year, a year-on-year rise of 6%, according to the Ministry of Industry and Trade.
The Civil Aviation Authority of Vietnam has recently proposed that the Ministry of Transport recommend Aerospace Engineering Services JSC to be Airbus Group’s partner in building a facility to produce spare parts for aircraft.
Automobiles which are priced higher in Vietnam than in regional countries is the reason for the sluggish development of the automobile industry, experts say.
Import tax on auto spare parts and components may be down to zero % next year, two years before schedule in 2018, under the ASEAN Free Trade Agreement (FTA).
A number of products imported from Japan to Vietnam will enjoy zero percent tariff beginning April 1, according to the Ministry of Finance (MOF).
The Government has approved a new development strategy for the auto industry to enable it to meet domestic demand and join world production.
(VOV) - The Ministry of Planning and Investment’s General Statistics Office announced the past eleven months have seen Vietnam’s telephone and spare parts exports climb to US$20.2 billion, a 78.4% improvement on the same period last year.
(VOV) - Mobile phone and spare parts are likely to top the list of Vietnamese export items for the first time, with their export earnings expected to hit US$20 billion in 2013.
(VOV) -Japanese firm, Mitsubishi Heavy Industries Ltd will build a second factory in 2014 to manufacture spare parts for the Boeing 777 in Vietnam.
(VOV) - Vietnam’s exports to Singapore increased 23% to SGD1.237 billion over the first five months of this year.
(VOV) -Vietnam’s trade deficit rose to US$1.06 billion from the beginning of the year to June 15 despite increased exports.
Vietnam and Laos expect to increase two-way trade turnover to US$2 billion in 2015 and US$5 billion in 2020.